Lowe’s, Macy’s report, crypto surges: Yahoo Finance

A key week for the retail sector continues with reports from both Lowe’s (LOW) and Macy’s (M) this morning. Lowe’s earnings topped estimates, but sales did fall year-over-year. Macy’s earnings topped expectations but reported a decline in fiscal first-quarter sales. Crypto is jumping this morning amid renewed hopes the SEC could approve Ether ETFs. Ethereum (ETH-USD) surged the most, up nearly 20%, with Bitcoin (BTC-USD) and crypto-related stocks like Coinbase Global (COIN) and Robinhood Markets (HOOD) seeing gains as well. Yahoo Finance trending tickers include Palo Alto Networks (PANW), Hims & Hers Health (HIMS), and Trump Media & Technology Group (DJT).

Key guests include:
9 a.m. ET - Liz Ann Sonders, Charles Schwab Chief Investment Strategist

9:45 a.m. ET - Andrew Page, Amer Sports CFO

11:30 a.m. ET - Charlie Morrison, Salad and Go CEO

Advertisement